I must admit that much of this tech babble is over my head these days.
I truly dislike the two factor authentication via text messaging because I don't live with my phone attached to my hand. I wind up going to find my iPhone and logging on to retrieve this little code. It's honestly annoying.
A true story: our former IT guy @ church set up two factor authentication via text messaging for both computers in the sound room. Nice security, except the text went to his personal account and we couldn't reach him to get the info. It took us over a month to straighten it all out, set up new passwords, blah, blah. So two factor authentication isn't always helpful.